Treasury Secretary Janet Yellen said she hopes China won’t mount major retaliation against any steps Washington takes to safeguard investments in critical new industries, while emphasizing the US cannot allow these emerging sectors to be “wiped out” by Chinese competition.
Our “effective investments” vs their “massive subsidies”
Effective investment: 7 charging stations for 7.5 billion USD
China is not playing by the rules. You can tell because their shit actually works.
Chinese charging networks exist because they’re important infrastructure.
What little American charging networks exist (but often don’t work) are their through minor regulatory punishment.
its fucked up when someone else does it, just another Tuesday when I do it.
do the rules say it’s ok to subsidize the hell out of corn?
Hold on let me find the rulebook real quick
Is “not playing by the rules” here referring to Chinese government subsidies of EVs? How much is it subsidized anyway compared to say energy credits Tesla gets? Anyone have numbers to get a sense of scale of this claim?